7 More Trading DaysAnd we will see Q3 results. Hang on to your shares. These shares where thought to be worth $7.00 at the time of the first bought deal ( these were sold to HNW savvy investors )
I believe the company is worth far more than then and has suffered as many co's have ( in terms of SP ) from the banking debacle in the States / ricochette to the rest of the financial industry - world wide. Since this melt down and incumbent recession Wi-LAN's Fundamentals have done nothing but improve. Wi-LAN's Balance Sheet is outstanding.The Assets to Liabilities ratio is a dream. Cash Flow Positive. Revenues keep ramping up with new signings. This is evidence that the Tech Community believes Wi-LAN's patents are valid and will uphold in a court of Law.
The odds are in favour of Wi-LAN. 90 % of all litigation results in an out of court settlement. Several offers to settle from the gang have been made to Wi-LAN but were not acceptable. Negotiations continue and a conclusion is drawing nearer and nearer .
The Defendants have attempted a frivolous Declatory Judgement suit in California against Wi-LAN and have failed miserably in my opinion. This bodes very well for Wi-LAN. The no nonsense Court in EDT Texas will make sure that no more games are played and this will result in a speedy and profitable conclusion imo.
Does any of this make sense. Do you see that the upside here is far in excess of any downside. Do you see that the SP is / has been way oversold and manipulated down . Do you see that this can take off at any moment on a Major signing from the Gang.
I reiterate ... 7 more trading days .... load up if you can .... and hang on.